Egypt targets 80% debt-to-GDP ratio by June 2026 as external debt falls $4bn
Egypt aims to reduce its budget debt-to-GDP ratio to 80% by the end of June, Finance Minister Ahmed Kouchouk said on Saturday, as the government continues a fiscal discipline path that has already seen the ratio fall from 96% to
CBE’s 1% rate cut eases financing costs, boosts industry, market confidence
The Central Bank of Egypt (CBE) announced a 1% cut in its key interest rates last Thursday, marking a significant step towards easing monetary conditions and supporting economic activity amid signs of moderating inflation. The decision was widely welcomed by
Egypt intensifies tax, customs support for tourism sector through joint committees
Rasha Abdel Aal, Head of the Egyptian Tax Authority, said the Ministry of Finance and the Authority are giving special attention to the tourism sector, describing it as a vital contributor to national income that receives targeted support to help
New tax facilitation package offers broad incentives for fully compliant taxpayers: ETA chair
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced that Finance Minister Ahmed Kouchouk has released the second package of tax facilitation measures for public consultation, inviting the business community to submit feedback and proposals. The initiative, she
ETA issues comprehensive manual on tax treatment of exported services: Authority head
Rasha Abdel Aal, Head of the Egyptian Tax Authority (ETA), announced the issuance of a comprehensive guidance manual detailing all aspects of the tax treatment of exported services. The manual aims to clarify the definition of these services under the
Al-Sisi orders rollout of second tax facilitation package, accelerated customs overhaul
Egypt’s President Abdel Fattah Al-Sisi on Sunday instructed the government to launch the second phase of tax facilitation measures aimed at encouraging voluntary compliance and easing the burden on taxpayers, the presidency said following a meeting with Prime Minister Mostafa
Egypt Tax Authority Standardises VAT Treatment for Exported Services, Issues Guidance
The Egyptian Tax Authority (ETA) has issued Executive Instructions No. (45) for the year 2025 regarding the mechanism for taxpayers to deal with exported services, according to a statement from the office of ETA head Rasha Abdel Aal. The move
Egypt Tax Authority Standardises VAT Treatment for Exported Services, Issues Guidance
The Egyptian Tax Authority (ETA) has issued Executive Instructions No. (45) for the year 2025 regarding the mechanism for taxpayers to deal with exported services, according to a statement from the office of ETA head Rasha Abdel Aal. The move
Egypt prepares youth-focused financing initiative, incentives for first 100k simplified-system taxpayers: Finance Minister
Finance Minister Ahmed Kouchouk said the government is developing new incentive measures to stimulate productive sectors and strengthen entrepreneurship across the Egyptian economy. He added that the ministry is working with the Micro, Small and Medium Enterprise Development Agency (MSMEDA)
Second package of tax facilitation measures to be launched this November: Finance Minister
Minister of Finance Ahmed Kouchouk announced that the government will launch the second package of tax facilitation measures in November 2025, building on progress achieved in strengthening the “partnership and certainty” framework with investors. He noted that the government implemented